The altcoins have capitalised on the recent bullish momentum while bitcoin price witnessed a brief correction. The Ethereum price has reached its highest point in over 18 months. It wasn’t until early May 2022 that ETH traded above this level. Cryptocurrencies are a new danger to the US, according to
On Thursday, the Bitcoin (BTC) rally hit a snag, making way for other major cryptocurrencies like Ethereum (ETH) and Solana (SOL) to surge to a new 19-month high, spearheading the ongoing crypto market rally. In the past 24 hours, Ethereum (ETH) has witnessed a 6% increase, currently trading at $2,356,
Whales now possess a larger share of Ether than a year ago, according to IntoTheBlock. Recent reports suggested a significant growth in the holdings of Ethereum whales. An increase from 32% in January to about 35% was shown by the figures. There has been a noticeable rising tendency over the
Building in crypto is one thing – but few have managed to persist through the turbulent market cycles and unexpected obstacles. It takes a rare breed of vision, grit, and resilience to succeed in one of tech’s most rapidly evolving asset classes. Origin Protocol has embodied these principles since launching
Bybit released a research report that highlighted the strategic movements made by institutional investors and provided insight into their asset allocation interests. The research emphasizes a notable change in asset allocation, particularly within the Bitcoin and Ethereum domains, with an emphasis on the evolving market attitudes of institutional investors. Institutional
Ethereum (ETH) continues its bullish trend, reclaiming the $2,100 mark amidst discussions about a potential spot Ethereum ETF (Ethereum-based Exchange Traded Fund) approval by the US SEC. The cryptocurrency’s price surged by 2.90%, reaching $2,108, with a market cap exceeding $251 billion. The recent surge began with multiple factors, including
The sale of 3,150 Ethereum worth over $6.37 million by a crypto whale is sparking debate on whether investors should take profits after the token’s recent rally. The heavy transaction comes as Ethereum hovers below a technical resistance level that has repeatedly triggered sell-offs historically. According to on-chain data, the
Cardano’s founder claims that while Ethereum’s co-founder works to rearrange one of its most prominent aspects, Cardano’s current structure seems to be being replicated via the Ethereum blockchain network. Hoskinson maintains the firm belief that Cardano’s status as an industry prototype has gone unrecognized. Charles Hoskinson recently made some bold
In the volatile crypto world, recent developments have cast a shadow over Ethereum’s performance, hinting at potential challenges ahead. The Shanghai hard fork, even prior to its activation, had been impacting Ethereum’s price. Now, post-upgrade, concerns about unstaking have become palpable, contributing to a sense of unease in the market.
Institutional crypto products had their largest increase of inflows in two years, according to a recent report. Institutional investors have maintained a significant stake for the ninth consecutive week, according to CoinShares’ latest Digital Asset Fund Flows report. The highly anticipated introduction of a spot-based ETF for cryptocurrency, most likely
